Adani Defence to invest Rs 2,500 Cr in missile ecosystem in Madhya Pradesh

Adani Defence and Aerospace, the defence arm of Adani Enterprises, broke ground on a Rs 2,500 crore missile ecosystem project in Shivpuri, Madhya Pradesh. It will be South Asia's largest private-sector missile facility, combining composite propellant and TNT production with system integration at a single location, a first for India's private sector. The project is expected to create 5,000 direct and indirect jobs and will support serial production of DRDO-developed missile systems including NGARM, RUDRAM-II, NASM-SR, LRGB and TARA.